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Archive - 8/15/2025 - Sign In to see current Signals. |
Baker Hugh (BKR) Technical Analysis
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| Summary:
| | Weekly : | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Baker Hugh (BKR). During the week, the BKR dropped -0.49 points, or -1.13%, and closed at 42.80 on Friday, August 15, 2025. Weekly volume was -21% below average.
Long-term trend: [See BKR long-term trend chart] A long-term downtrend had started on February 6, 2025 at 49.40 and reached 33.60 on April 7, 2025. BKR lost 15.80 points, or 31.98%, in 8 weeks. The price is now at the 58.23% retracement level.
Medium-term trend: [See BKR medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 33.60 and reached 46.72 on July 28, 2025. BKR gained -13.12 points, or -39.05%, in 16 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 39.00 and resistance is at 48.20. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See BKR weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is above its signal line since July 11, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
Short-term trend: [See BKR short-term trend chart] A short-term downtrend had started on July 28, 2025 at 46.72 and reached 41.96 on August 13, 2025. BKR lost 4.76 points, or 10.19%, in 16 days. The price is now at the 17.65% retracement level.
Daily Technical Indicators: [See BKR daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. The daily MACD line is below its signal line since August 4, 2025. This is an indication that the short-term trend is down. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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